‘No Case Identical to It’: $40 Million Gold Fraudsters Jailed

The men were handed identical 8-year jail terms in the NSW Supreme Court for their roles in the “repeated acts of dishonesty”.

Police tape is seen at a protest in Sydney, Australia, on July 19, 2015. Mark Kolbe/Getty Images

Two men involved in an elaborate gold fraud scheme that was defended as being “all about scientific research” have been jailed for eight years for their roles in the A$40 million (US$26.87 million) tax scam.

Jonatan Kelu and Cedric Adrian Millner were convicted in July on two counts of conspiring to cause loss to the Commonwealth using an elaborate GST-evasion plot.